Aveda Transportation and Energy Services Inc closed up sharply Friday, rallying $0.02 or 3.33% to $0.62 and crossing above its 125-day moving average. Over the last five days, shares have gained 6.90%, but are down 16.22% for the last year to date. Shares have underperformed the S&P TSX by 33.42% during the last year.

About

Aveda Transportation and Energy Services Inc. is a Canada-based company engaged in the transportation of products, materials, and equipment required for the exploration, development

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and production of petroleum resources, including rig moving, heavy haul and hot shot services, and the rental of equipment associated with oilfields operations. The Company carries on its oilfield hauling activities in Canada and the United States under the name, Aveda Transportation and Energy Services; carries on its rental operations under the name, Aveda Rentals, and carries on specialized transportation services under Aveda Heavy Haul. Its rental operations include the rental of tanks, mats, pickers, light towers, well-site shacks and other equipment necessary for oilfield operations. It has presence in the Western Canadian Sedimentary Basin and in the United States, principally in and across the states of Texas, North Dakota, Pennsylvania, Oklahoma and West Virginia.

Profit

Net Profit (TTM)

-62.03%

Aveda Transportation and Energy Services Inc has a net profit margin of -62.03%. Besides being negative, it is also below the industry average and implies that this company is not effective at turning revenues into bottom line profit. Company Books

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